Boston Herald - Boston Herald: SEC: Illegal stock trades before Dow-Rohm '08 deal

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Boston Herald - Boston Herald

SEC: Illegal stock trades before Dow-Rohm '08 deal Jul 1st 2013, 21:52, by By Associated Press, Associated Press MIDLAND, Mich. — Federal regulators say an executive at Michigan-based Dow Chemical tipped a Texas pal about the company's 2008 takeover of Rohm & Haas. The Securities and Exchange Commission filed a lawsuit Monday against then Dow Vice President Mack Murrell (Mur-REL'), his friend David Teekell of Tomball, Texas, and a stockbroker. The SEC says Teekell netted more than $500,000 by buying Rohm & Haas stock before Midland-based Dow announced a takeover five years ago.

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